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d. Welfare Index
List-I List-II
A B C D
a. 2 3 4 1
b. 2 3 1 4
c. 3 2 1 4
d. 3 2 4 1
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3. Consider the following statement: On the supply side the argument for a Big Push theory
is tied up with the assumed existence of
b. externalities
c. indivisibilities.
Of these statements
b. starts development
c. completes development
5. According to friend rich list the different stage of development follow the sequence.
6. A production possibility frontier (PPF) is shown in the given diagram a less developed
country (LDC) will be
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7. Match List I with List II and select the correct answer
List-I List-II
A B C D
a. 2 1 4 3
b. 2 1 3 4
c. 1 2 3 4
d. 1 2 4 3
8. Generally speaking the optimum population of a country refers to the size of the
population which
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10. Consider the following statement:
b. bi-sector model.
c. consistency model
d. growth model
Of these statements
Of these statements
13. Match List I with List II and select the correct answer:
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List-I List-II
A B C D
a. 2 3 1 4
b. 2 3 4 1
c. 3 2 4 1
d. 3 2 1 4
14. Consider the following passage: ‘In a system of freely flexible exchange rates each country
must be prepared to let the exchange rate fall or rise to whatever level is required to clear
the foreign exchange market. The authorities must not intervene. Only if these conditions
are met will autonomous equilibrium in foreign exchange market and its equivalent (that
is balance of payments equilibrium) be consistently achieved.’ According to this passage,
under freely flexible exchange rate
15. With commodity ‘X’ measured along the horizontal axis and commodity ‘Y’ measured
along the vertical axis, if the production possibility curve is a straight line, then its slope
would indicate
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c. both the situations indicated in a & b
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